Harris pledges to make the U.S. a leader in blockchain and reiterates support for digital assets

Odaily News In a speech to the Economic Club of Pittsburgh on Wednesday, U.S. Vice President Harris said that under her leadership, the U.S. will “recommit” to global leadership in areas that will define the next century, “maintaining dominance in artificial intelligence and quantum computing, blockchain, and other emerging technologies.” Until last weekend, Harris had been silent on cryptocurrencies on the campaign trail. At a recent Wall Street fundraiser in Manhattan, Harris said AI and cryptocurrencies are part of her vision for an “opportunity economy.” VanEck analysts say the outcome of the November election could be mixed for cryptocurrencies. “We believe that while Harris and Trump are bullish on Bitcoin, both parties have more nuanced impacts on the broader digital asset market,” the analysts wrote earlier this week. “Both administrations are likely to maintain, if not accelerate, fiscal spending, which could lead to further quantitative easing — especially if anti-business policies intensify.” They noted that a Harris presidency could be more favorable for Bitcoin because it would “accelerate many of the structural issues that drive Bitcoin adoption.” “We will encourage innovative technologies like AI and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road,” Harris said at the fundraiser. She reiterated that message in her 80-page economic plan on Wednesday. (The Block)